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Aditya Hadi Pratama · · 1 min read

India-based EV battery network bags $7m in pre-series A money

Chargeup is a battery swapping network that offers batteries as a service, addressing the issue of long charging hours through its distributed network of battery swapping hubs. The company is headquartered in India.

Funding details

  • Funding amount: $7,000,000
  • Lead investors: Capital A, Anicut Capital
  • Other investors: Jiraaf, Ekta Kapoor, Sunil Kalra, Sachin Mehra
  • Stage: Pre-series A
  • Source

More details

Chargeup

The company was founded in 2019 by Varun Goenka and Ankur Madan.

Stage Amount (US$) Investors
Pre-series A $2.5M Tiger Shroff, Capital A, Anicut Capital, Shraddha Kapoor, Sameer Mehta, Aman Gupta
Pre-series A1 $7M Capital A, Sachin Mehra, Ekta Kapoor, Sunil Kalra, Anicut Capital, Jiraaf
Total $9.5M

See also: These are the most active investors in India’s startups

Editing by Miguel Cordon and Lorenzo Kyle Subido

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TIA Writer

Aditya Hadi Pratama

Writing about startup and technology in Indonesia, while reading biography and science fiction books.